Scott Haddow installed as new MTI CEO

Former Trustmarque CEO handed reins of £70m storage integrator by new private equity owner Endless Capital

Scott Haddow has put acquisitions firmly on the agenda in his new role heading up storage integrator MTI Europe.

The former Trustmarque boss has been installed as the CEO of MTI by new private equity backers Endless Capital, and will also be investing in the Godalming-based outfit.

Traditionally one of EMC's largest partners, MTI is a £40m-revenue business in the UK, and also operates in France and Germany.

Talking to CRN, Haddow (pictured) confirmed that MTI will be "heading down a transformational route" and will be looking at acquisitions in each of its three territories.

"MTI are very well thought of in the storage, compute and security reselling space, with a very strong services-led approach to customer service," he said.

"My role, along with the senior management team, is to expand on that and grow the business."

Acquisition targets would need to be "something complementary to the existing offering" or "service enhancing", Haddow indicated.

Endless acquired MTI in January, just seven months after exiting its investment with Trustmarque via a £57m trade sale to Capita.

"I'm a well-known person to Endless, who was viewed by them as doing a good job with Trustmarque - [the thinking was] ‘we were successful at Trustmarque; why can't we do it again'?," Haddow said.

Having headed up MTI for the last 16 years, former CEO Keith Clark will remain at MTI in a senior capacity where he will support Haddow in delivering a number of transformational projects.

Haddow would not comment on rumours of a reunion with former Trustmarque running mate Angelo di Ventura, but did confirm that MTI will bring in external help to help with its M&A and growth strategy.

"Yes, there's going to be external people that are not part of MTI today that will be involved in us implementing some of those changes," he said.